Topic: [HAVELOCK] PETAMINE - 1,150 TH/S HASH RATE (1GH/S per Unit) - page 42. (Read 565829 times)

Yes I consider it a good deal since it was done in March.


I consider it a good deal because you said it that nobody can predict the bitcoin difficulty so I tried to get the best of other stats like $/GH. As far as I know there wasn't a better offer back then and of course nobody knew what and when will cheaper miners release. It was the best decision at the moment. Looking back is easy to judge and especially if you aren't a miner like yourself.


The same way that nobody can predict the bitcoin difficulty we can't predict the exchange rate. Hoping/waiting for the exchange rate to increase seems too risky for me. I always make my decisions taking into consideration a fast increase in exchange rate, but also a stagnation for 6+ months.

As I previously said looking back and talking about past decisions is easy now. Doing it live is much harder. I invite you to start making money by either speculation or by mining and when you will have results come here and give advice and suggestions. Until then you are just a guy waiting for his non-existing AM dividends who just likes to chat about past other's people decisions, but who fails to put money where mouth is.


I think you need to ask SP-Tech this, not me.


jimmothy's math: 26BTC*450$=~12000$/5400GH=2.8$/Gh <-- BIG MISINFORMATION, but actually it's 2.22$/Gh (for 5.4Th/s) and with the speed improve is down to 2$/Gh.

I will call you Liar Chemical Ali from now on because there is just too much misinformation in your posts! (http://www.youtube.com/watch?v=yfAeMtcURg0)


September is just 2 months away from July. Stop lying and deceiving readers!

You really consider $1.66/gh a good deal? How is that possible when bitmain is offering $0.8/gh and shipping earlier?


Are you forgetting that btc was ~$450 average in april? That means that everyone who preordered paid ~10 btc or $6,300 for 6TH. 11 Bitmain S3's are ~8 btc and shipping in 2 weeks vs 2 months.

Why was this "group buy" exclusive to the forum? Why did everyone who ordered from the website pay 3 times the price for the same batch?

If you were unlucky enough to preorder an august batch sp30 directly from the website in april you paid ~26 BTC for one ~6TH or $2.8/gh..


How is it apples to oranges? They are two different machines that consume electricity and magically make bitcoins.

What's the difference other than the sp30 being more expensive and shipping later? (3 months for anyone who orders today for ~$0.9/gh)

Yes, the hashrate charts and blockexplorers are the devil's work!

No religious fanatic without a holy book. Im guessing his is this:
https://docs.google.com/spreadsheet/ccc?key=0AjI5bgsiFJAidHNCdDBqOTV2Zmt6ZW9PbWdvZDV1M3c#gid=0

You see, according to Scripture, difficulty is only 1.5B now, not nearly 17B.  All those hashrate charts and blockexplorers must be blasphemous .

It's just me or cryptoconomist sounds like a religious fanatic?

Show me the hourly bashing/trolling.


The real fun fact is that KnC promised the Neptune in a single case like the Jupiter and they ended up with 5 different cases+1 controller case+ VRMs working at 20% overspec.


Misinformation at its best again. I have an SP30 due this month thanks to the small March/July bundle that was offered back in March. I paid $15k for one SP10 and one SP30. I consider that I paid $10k for the SP30 which is 1.66$/GH. Not bad imo.

In April the SP30 was 0.69$/GH (and 0.46W/GH) in case you forgot about my GB: https://bitcointalksearch.org/topic/closed-spondoolies-tech-sp30-pre-order-specs-069gh-046wgh-575499 So yes SP30 had and still has the best stats for over 2 months now.

As for the S3 comparison I can only laugh at it. Comparing apples with oranges again like you usually do/like. The overpriced  preorder is due to deliver THIS month, not 3 months later. Stop with the misinforming posts.

Edit: And no, I'm not trying to sell anything. I am stating my point of view. I did this before having an affiliated signature, I will continue to do it with the affiliated signature and I will do it without the affiliated signature.

Assumptions (which I never presented as fact) can be wrong, but math doesnt lie. You can challenge my difficulty growth assumptions, in fact, Ive often asked peta investors to provide their assumptions that leads them to holding or buying, but if you do the math you will find that any growth assumption that would justify even the current share price (and that is something you CAN calculate) is simply implausible.

You see,  I may not be able to predict with certainty how fast difficulty will grow (though so far, I came pretty darn close), but I do have a good idea of where its headed and of its upper and lower bounds because difficulty isnt random. Its the result of a rational process. If you want to argue its possible difficulty will soon level off, let alone decrease, you will have to explain why no one would continue deploying miners that would be extremely profitable under those same circumstances.


If you used your brain you would realize that those variables, combined with manufacturing capacity are what determine future difficulty, which is all that really matters. The absolute numbers mean nothing. If they did, I wouldnt have made a big stack of coins mining with GPU's.


Your mining calculator doesnt account for the fact that because of the laon,  you only received 50% of the mining revenue, yet paid hosting fees for the full amount (and one might argue, for 4x that amount). SO yes, I meant what I said. I gave you the numbers and the math. Sum of dividends was barely above 0.01BTC using optimistic growth assumptions. The current plan to convert the loan in to (overvalued) shares makes it a little better, but still no where near current market price, never mind IPO.

You can inform people of better deals without daily hourly bashing/trolling.

Fun fact: knc delivered on time and to spec (actually a bit over spec) but their customers were still fucked because that's how preorders work.


So here you are saying that nobody can predict the bitcoin difficulty, while just a few days ago you were stating that the SP30 won't ROI. Contradicting yourself again! As for $/gh and w/gh the SP30 had the best stats since April, but yet people were complaining about the ROI. Thank you for backing up my view, not your bad intended one.